SPX Corporation (SPW) - FREE Research Report

Relational Investors Llc who is 10% Owner at SPX Corporation sold 371,325 shares at $102.77 on March 18, 2014. Following this transaction, the 10% Owner owned 6.7 million shares meaning that the stake was reduced by 5.28% with the 371,325-share transaction.

The shares most recently traded at $102.94, up $0.17, or 0.16% since the insider transaction. Historical insider transactions for SPX Corporation go as follows:

  • 4-Week # shares sold: 19,686
  • 12-Week # shares sold: 34,686
  • 24-Week # shares sold: 37,686

The average volume for SPX Corporation has been 308,000 shares per day over the past 30 days. SPX Corporation has a market cap of $4.6 billion and is part of the industrial goods sector and industrial industry. Shares are up 3.44% year-to-date as of the close of trading on Tuesday.

SPX Corporation provides specialized engineered solutions worldwide. It primarily operates in two segments, Flow Technology, and Thermal Equipment and Services. The stock currently has a dividend yield of 1.46%. The company has a P/E ratio of 23.7. Currently there are 8 analysts that rate SPX Corporation a buy, 1 analyst rates it a sell, and 4 rate it a hold.

Exclusive Offer: Get the latest Stock Analysis on SPW - FREE

TheStreet Quant Ratings rates SPX Corporation as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full SPX Corporation Ratings Report from TheStreet Quant Ratings now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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